Mayor Gray presents economic development strategy for DC - DC News FOX 5 DC WTTG

Mayor Gray presents economic development strategy for DC

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In just five years Mayor Vincent Gray would like to create 100,000 new jobs and hopes to generate more than a billion dollars in revenue.

The five-year economic development strategy was presented by the Mayor on Wednesday. It would call for the development of a medical hub and also would look to attract those in the tech industry.

The Mayor held a media briefing at the Kennedy Center Recreation Center which is just across the street from the O Street Market redevelopment project. Gray said, "This job has created 400-construction jobs and there will be 400 new full times positions."

Gray told reporters that he had recently met with financial investors who expressed interest in future development.

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